Mathematician: Job Outlook & Educational Requirements
The mathematician career field is expected to grow and individuals who land jobs can expect to earn good salaries. For many mathematicians, the minimum educational requirement is a doctoral degree, though those who hold master's degrees may find positions in closely related fields, such as computer science or actuarial science.
Mathematician Career Information
There are two main types of mathematicians: applied and theoretical. Theoretical mathematics are also known as pure mathematics. Applied mathematicians use mathematics to solve real-world problems in areas like economics. Theoretical mathematicians use mathematics to expand current knowledge and often work for universities. Both branches use mathematics theory, computing methods and algorithms.
According to the U.S. Bureau of Labor Statistics (BLS), employment for mathematicians was expected to increase 23% from 2012-2022, faster than the average for all occupations. This expansion is due to the advancements in technology. Even with the expected job growth, the field will remain competitive. There will be few jobs available in university research due to the small number of openings for professors. Both types of mathematicians will find openings in the federal government and private industry.
According to the BLS, the median annual wage for a mathematician as of May 2013 was $102,440. The top-paying industries were scientific research and development, computer systems design and aerospace products and parts manufacturing.
Mathematician Education Requirements
The degree prospective mathematicians need will vary depending on the sector they wish to work in. A doctoral degree may be required for individuals interested in working for private companies, especially on the research end. Mathematicians with bachelor's or master's degree may find work with the government.
Undergraduate programs may offer students the option of selecting a concentration in applied or theoretical mathematics. Theoretical mathematics programs focus on basic concepts, including analysis, algebra and geometry. Applied mathematics programs involve coursework in the relationship between math and scientific principles, including optimization, statistics and computation. Both concentrations require students to understand fundamental areas of math such as calculus and differential equations.
Master's programs in mathematics may offer more specific concentrations, such as computational science and scientific applications. Graduate curriculums often have coursework requirements but allow flexibility. With the approval of the graduate director or committee, students can choose courses from other departments. Many programs allow students to select a thesis, research project or coursework-only option.
Doctoral programs vary in length and include qualifying exams and original research. There are typically two qualifying exams, one in foreign language proficiency and another based on the student's interests in mathematics. Doctor of Philosophy (Ph.D.) students must complete original, publication-quality mathematics research and present it. The final step for a student to earn a Ph.D. is defending the thesis to a graduate committee.
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